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at The Hartford in Boise, Idaho, United States

Pricing - Actuarial Global Specialty Financial Lines

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What they do

An Actuary calculates the financial costs of risk and uncertainty. Uses findings from statistical analysis and mathematical modeling to help businesses and clients minimize the cost of risk and develop business and investment strategies. Uses actuarial analysis of the probability and cost of natural disasters or accidents to develop insurance policies.

$112,204 / year median in Idaho

+9% projected growth

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Job Description

at The Hartford in Boise, Idaho, United States Job Description AD & Associate Actuary - AS07AE We're determined to make a difference and are proud to be an insurance company that goes well beyond coverages and policies. Working here means having every opportunity to achieve your goals - and to help others accomplish theirs, too. Join our team as we help shape the future. The position is part of the Global Specialty US Actuarial pricing team supporting the Financial Lines book of business. This role supports this segment's success as the Assistant Director & Actuarial Associate for Private Company Management Liability business. The position will work in close partnership with our Underwriting Divisions as well as Finance, Claims, and IT departments.
Responsibilities:
As a key member of the Global Specialty Actuarial team, this individual will perform a variety of actuarial functions including rate development, price monitoring, loss ratio planning, profitability studies and rate filing support where applicable. This person will also assist with semi-annual reserve studies. We seek a candidate with strong statistical, analytical and communication skills, who is eager to challenge and continuously improve established processes and creatively solve new problems.
Please note:
This position can be part of our Actuarial Student Program for individuals meeting the entry requirements.
Pricing:
+ Assist in the development, enhancement and maintenance of actuarial pricing methodologies and tools used by the Underwriting and Product teams. This includes tools focusing on risk segmentation as well as the development of account-specific indicated premium. + Identify and analyze critical pricing and profitability benchmarks. + Analyze internal pricing results and competitor information when available. + Assist in developing and maintaining price monitoring systems and tools. + Seek out innovative approaches and apply R/ SQL skills to enhance existing processes and utilize predictive modeling. + Partner with Actuarial and other colleagues within The Hartford who support similar lines of business. + Foster strong connections between teammates and key business partners.
General:
+ Support financial planning and budgeting, including frequency and severity trend analyses. + Collaborate with Underwriting to help develop, guide, and monitor strategy. + Initiate and participate in the development of procedures to improve data quality. + Present analyses and recommendations to business partners to guide future d To view full details and how to apply, please login or create a Job Seeker account

Benefits

  • Dental Insurance